Associate Property Fac UW Advisor About the Role We are looking for a candidate with a strong academic record and industry experience in natural catastrophe and man-made risk modelling and knowledge in (Re)insurance for our Underwriting advisory Team at Bangalore. You will support costing of Facultative cessions. You are expected to be proficient in Man-made and Nat-cat modeling and hold good knowledge of re/insurance market. We are also looking for someone who has a commercial mindset and strong collaboration skills with dedication and eagerness to learn. About Team The Bangalore (BLR) Facultative Team is a strategic offshore advisory hub responsible for providing facultative underwriting support to Property line of business. The team will be working closely with the overseas facultative desk underwriters to provide modeling and costing support on North America property risks. You get in-depth exposure to Swiss Re’s modelling and costing practices, proprietary risk model platforms, costing tools as well as an opportunity to work with Swiss Re's overseas underwriters. In addition to your regular responsibilities, you will have the opportunity to contribute to various projects of strategic importance to Swiss Re Group specifically for North America region. Provide high quality modelling and costing support to Swiss Re North America underwriting desks which will include but not limited to You will support Facultative renewals and new business. This includes the reviewing of submission data including risk engineering reports, providing data analysis & risk modelling of Nat Cat and Man-made loss scenarios making best use of SR's costing techniques to model / forecast and quantify the impact of contract features relevant to costing. Support in product & process innovation using the learnings from underwriting support and suggest improvements to Nat cat models, tools, and systems Advising underwriters in understanding model results, model differences and limitations Continuously developing and applying best modeling and costing practices Collaborating with the underwriting community abroad and other business partners on various projects to generate new value-added services for Swiss Re Establish & maintain positive relationship with internal partners About You Competent in Property re/insurance underwriting, single-risk assessment, risk modelling and contract preparation, with 2-5 years of relevant Underwriting/risk modelling experience An advanced degree in the field of natural science or a quantitative field (e.g., engineering, statistics, Mathematics, Econometrics) which is closely related to these subject areas Professional qualification in insurance e.g., CII, CPCU an added advantage Experience in facility / portfolio underwriting analytics an added advantage Strong understanding of underwriting techniques, methods, tools, and processes Ability to analyze large data sets, investigate complex connections and draw meaningful conclusions. Expertise in Advance Excel (VBA), SQL and Power BI and inclination towards learning new technologies will be an added advantage. Strong motivation to learn about re/insurance and overseas markets Strong team-player with proven ability to collaborate with teams in other locations and cultures, along with strong sense of accountability and execution Excellent command of English (written and spoken). Above all: scientific and technological curiosity with the ability to bring new ideas to constructively challenge the status quo. Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week About Swiss Re Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience. We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying. Keywords: Reference Code: 138195 Experience Level Mid Level